Citigroup Upgrades EastGroup Props to Buy, Raises Price Target to $195
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Emmanuel Korchman upgrades EastGroup Props (NYSE:EGP) from Neutral to Buy and raises the price target from $165 to $195.
June 13, 2023 | 8:20 am
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EastGroup Props (NYSE:EGP) has been upgraded from Neutral to Buy by Citigroup, with a raised price target of $195.
The upgrade from Neutral to Buy and the raised price target of $195 by Citigroup analyst Emmanuel Korchman indicate a positive outlook for EastGroup Props. This is likely to have a positive short-term impact on the stock price as investors may see this as a signal to buy.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100